CENTRAL BANK OF THE ARGENTINE REPUBLIC

COMMUNICATION "A" 455 20/02/84

TO FINANCIAL INSTITUTIONS, EXCHANGE HOUSES, EXCHANGE AGENCIES AND OFFICES AUTHORIZED TO OPERATE IN FOREIGN EXCHANGE AND EXCHANGE BROKERS:

Ref.: Circular INFORMATION REGIME FOR FOREIGN EXCHANGE OPERATIONS AND OBLIGATIONS WITH ABROAD - REFEX 1 -17 Survey of the external debt of the Public Sector as of 31.12.83

We address you in order to inform you that it has been provided that entities of the Public Sector must report their foreign-currency obligations with abroad as of 31.12.83 in accordance with the rules of this communication.

I. Entities and obligations covered

Entities and dependencies of the national, provincial and municipal public administration, national, provincial and municipal public banks, and entities detailed in Communication "A" 275, that were holders of such debts, must declare their obligations with abroad as of 31.12.83. All companies or majority state-owned or state-administered companies or societies not included in that last Communication, and that do not submit their declarations to the Survey of the external debt of the Private Sector provided by Communication "A" 418, must also do so.

All deferred-payment obligations in foreign currency, including overdue unpaid ones, contracted directly with creditors resident abroad, or directly through local financial institutions charged to their credit lines, whose original amount exceeds USD 5,000 or its equivalent in other currencies, are covered by this provision.

The debts that must be declared comprise obligations primarily originating in a) loans received, that is, whose foreign currency was negotiated in the foreign exchange market; b) imports of merchandise; c) services provided by residents abroad; and d) income generated by the aforementioned obligations and by direct capital investments. Likewise, obligations contracted to cancel or renew the primary obligations and those arising from the capitalization of the aforementioned services and income must be declared.

Public financial institutions authorized to operate in foreign exchange must declare their own obligations included in the preceding paragraphs, and the credit lines received from their correspondents abroad, reporting the amounts used thereof, the conditions agreed with their correspondents and the application of such lines.

Likewise, each entity must globally report the amount of its remaining obligations with abroad as of 31.12.83 that have not been agreed as deferred payment, as in the cases of cash-payment obligations pending cancellation as of 31.12.83, and current account balances in favor of residents abroad, as well as deferred-payment obligations whose original amount was less than USD 5,000.

The following must not be declared:

a) Commitments contracted for collections of exports anticipated prior to shipment or for prefinancing of exports and their interest, whether or not charged to credit lines of authorized financial institutions, as long as such obligations do not become financial loans in accordance with the provisions of Communication "A" 12 (COPEX -1).

b) Foreign-currency deposits in authorized financial entities and loans received by the Public Sector charged exclusively to them.

In order to determine whether a debt in a currency other than the dollar exceeds USD 5,000, the pass-through rate arising from the quotations of the Banco de la Nación Argentina as of 29.12.83 must be taken.

The submission of external debt declarations, duly certified in accordance with the provisions of point III, is an essential requirement for debtor entities to be authorized to cancel the obligations covered by this communication.

II. Declaration of obligations

Public Sector entities covered in point I must submit, prior to the declaration of their obligations, form 5010 for registration in the Registry of Debtors with Abroad, whose model (Annex I) and instructions (Annexes II and III) are attached.

Entities registered in the Registry of Debtors must submit form 5013 (Annex IV) and, if necessary, complementary forms 5013 A and 5013 B (Annex II), for each of the obligations pending cancellation as of 31.12.83, completed in accordance with the corresponding instructions (Annex V). They must also submit form 5014 (Annex VI) summarizing the debts declared in form 5013, in which the global amount of the entity's remaining obligations with abroad must also be reported, completed in accordance with the instructions (Annex VII). The highest level of each jurisdiction must take the necessary measures to ensure that all obligations covered by this rule are declared by its dependencies, and to avoid duplication of submissions.

The duplicates of forms 2360, 2361, 2362, 3189, or 3191 of the Permanent External Debt Survey (Communication "A", REFLEX -1), corresponding to the obligations with abroad now declared as part of the debt statement as of 31.12.83, must be returned to the Central Bank, attached to the new declaration in form 5013.

The duplicates of forms 5013 and complements will replace for all purposes forms 2360, 2361, 2362, 3189 and 3191. The Central Bank will timely communicate the rules applicable for updating the obligations as of 31.12.83 and for declaring those contracted as of 1.1.84.

B.C.R.A. COMMUNICATION "A" 455 20.2.84

The forms included in this provision must be completed by machine and submitted in triplicate. All copies must be clearly legible. The original signature of the authorized official of the declaring entity must appear on all three copies. The certification and intervention referred to in point III of this Communication must appear, at a minimum, on the original copy of form 5014 and on the original and one copy of forms 5013, 5013 A and 5013 B. The duplicate will be returned to the declarant, with assigned number and date, as proof of having complied with this rule, with the original and the triplicate remaining in the possession of the Central Bank.

The receipt of external debt declarations does not imply giving conformity to the data reported by the declaring entity.

In case of loss of the aforementioned duplicate, the declaring entity must request, by note addressed to the Department of External Debt, a photocopy authenticated by the Central Bank, which will replace it for all purposes, with the applicant being obliged to return said photocopy in the event of finding the lost duplicate.

The Central Bank will not accept forms with errors or omissions in completion, even if they comply with the requirements set forth in point III.

III. Bank certification, intervention and report of the control bodies on the declared debts.

Submissions to the survey will be signed by the official or officials who, by general or particular rules, or internal rules of the declaring entity, as interpreted by it, are authorized for this purpose. Declarations must satisfy the requirements set forth below:

a) Forms 5013 corresponding to obligations contracted charged to credit lines of local financial institutions, or to obligations with creditors resident abroad guaranteed or secured by local financial institutions, will be certified by said financial institutions.

b) Based on what was agreed by the Central Bank with the General Syndicate of Public Companies and with the Court of Accounts of the Nation, the auditors of the Syndicate and the fiscal accountants of the Court will submit a report on the debts as of 31.12.83 of the companies, offices and organisms whose external control is exercised by said entities, following the model of Annex IX, section A) (companies controlled by the Syndicate) or section B (offices and organisms controlled by the Court), as applicable, and using form 5016 (Annex VIII) for this purpose. The public banks of the Nation, of provinces and of municipalities must attach a report on their debts as of the survey date in form 5016 prepared by the professionals who perform the external audits of their quarterly and annual balance sheets, following the minimum guidelines of section C) of Annex IX. The remaining Public Sector entities will submit their declarations examined by the body that, in accordance with the applicable rules or regulations, verifies their financial statements for the purpose of external, or failing that internal, control of the entity, and provided that it corresponds according to those same rules. In these cases, the model of section A) or that of section B) may be used on an indicative basis, as applicable.

In all cases in which the aforementioned report takes place, the control body will also intervene the forms 5013 and 5014 that must be submitted to the Central Bank.

Entities that exclusively declare debts with local banks charged to their credit lines are excepted from the requirement of this report and from the intervention of the declarations.

IV. Delivery of forms, inquiries and submission of external debt declarations

As of February 22, 1983, the forms and instructions will be delivered, inquiries will be attended and declarations will be received at the premises of Bartolomé Mitre 300, Capital Federal, from 9 a.m. to 6 p.m. Entities residing in the interior may request forms, make inquiries and submit their declarations by mail, addressed to the Central Bank of the Argentine Republic, Department of External Debt, Reconquista 266, (1003) Buenos Aires.

Entities must register in the Registry of Debtors with Abroad (form 5010) by 5.3.84. The debt declarations (forms 5013 and complements), and the debt summaries (form 5014) must be in the possession of the Central Bank before 16.3.84. The reports of the control body (form 5016), if their submission corresponds, may be sent to the Central Bank after that last date, to the extent required by the review tasks; in this case, the Central Bank will be informed of the expected date of submission of the report.

Public sector entities that have certified their declarations by financial institutions in accordance with the provisions of point III. a), must exhibit before the certifying entities, after their submission to the survey, the duplicate of forms 5013 intervened by the Central Bank, so that the financial institutions can comply with the obligation determined in the last paragraph of point V.

V. Intervention of entities authorized to operate in foreign exchange

Entities authorized to operate in foreign exchange of the Public Sector must declare their own obligations with abroad, including credit lines received from their correspondents abroad. All their submissions will be made by completing form 5013 and complements 5013 A, 5013 B or 5018, as applicable, and forms 5014 (Summary of debts) and 5016 (report of the control body).

Public and private financial institutions must certify the submissions of Public Sector debtors that refer to obligations charged to their credit lines and to obligations guaranteed or secured by the same entities, in accordance with point III. For this purpose, they must inform their debtors as of 31.12.83 of the obligations in force at that date that were charged to their credit lines and those that were guaranteed or secured, so that the debtor entities can proceed to submit their individual debt declarations.

B.C.R.A. COMMUNICATION "A" 455 20.2.84

Public and private financial institutions must take the necessary measures so that their Public Sector clients for obligations charged to their credit lines submit without errors the declarations provided for in this Communication, for which they will consult the Central Bank on situations giving rise to doubts. Until 30.3.84, public and private financial institutions will have a deadline to communicate to the Central Bank the list of Public Sector debtors charged to their credit lines and of obligations guaranteed or secured by them, that have not submitted to the Central Bank duly certified the corresponding debt declaration forms. For this purpose, financial institutions must send to the Department of External Debt a list, indicating for each operation the entity holding the obligation, its jurisdiction, its registration number in the Registry of Debtors, the name of the creditor, the date and concept of the operation and the currency and amount of the obligation, in that order.

We greet you very attentively.

CENTRAL BANK OF THE ARGENTINE REPUBLIC

Juan F. Sommer Elías Salama
Manager of Submanager General
Studies and Statistics of the External Sector

ANNEXES

ANNEX I
PUBLIC SECTOR
5010 (II - 84)

B.C.R.A. INSTRUCTIONS FOR COMPLETING FORM 5010: REGISTRY OF DEBTORS
Annex II to Com. "A" 455

NOTE: To write alphanumeric data in the boxes intended for that purpose, start from the left, leaving a space between words or numbers. If the number of boxes is insufficient, the text will be truncated in the last available box. In the boxes intended to contain only numeric data, these will be aligned on the right margin, without using periods or commas.

1. Reserved for the B.C.R.A.

2. Report the first submission as "registration". Subsequent submissions intended to replace already registered data (e.g., change of address) must be reported as "modifications". The "deregistration" box is reserved for the B.C.R.A.

3. Report the full name of the entity (e.g., centralized office, decentralized organism, municipality, company, bank).

4. Report the institutional classification of the entity. According to the following table:

01 - National public administration - Centralized office.
02 - National public administration - Decentralized organism (excluding banks).
03 - Provincial public administration - Centralized office.
04 - Provincial public administration - Decentralized organism (excluding banks).
05 - Municipal public administration - (excluding banks).
06 - Non-financial state companies and societies 07 - Non-financial companies and societies with state participation 08 - Public banks of the nation, of provinces and municipalities.
09 - Plurinational entities.
10 - Intergovernmental corporations.
11 - Social Security System.
12 - Other entities.

5. Report the legal address of the debtor in full. If the location corresponds to a mezzanine (or basement), it will be reported by the letter E (or S) followed by the number indicating its level.

6. Report the number granted to the entity as importer, as exporter, or as importer-exporter as applicable, by the General Administration of Customs.

7. Report the province (for provincial or municipal entities) AND the jurisdiction to which the centralized office or decentralized organism belongs. Within the scope of the Executive Branch, the different Ministries and Secretariats that compose it will be considered as jurisdictions, in addition to the Presidency (national administration) or Governorate (provincial administration). Municipal entities must report in the "Jurisdiction" field the name of the corresponding municipality.

8- Indicate the legal rules of creation and regulation of the operation of the entity, or that determine its incorporation into the state's patrimony. Report the closing date of the entity's annual balance sheet, canceling this space in case of not keeping accounting records. When applicable, entities must also report the state's participation in their share capital and the registration number assigned by the General Directorate of Taxation for Income Tax.

9. Report which are the organisms or dependencies in charge of the internal control and external control of the entity. In case there is no entity empowered for any of said functions, indicate "Does not exist" in the corresponding place.

10. Report and code the main activity of the debtor, by grouping, in accordance with the content of the table added as Annex III. For this purpose, the following will be taken into account:

a) In accordance with the "International Standard Industrial Classification of all economic activities" (ISIC), economic activities are classified into nine major divisions and these into groupings. The debtor entity must identify the grouping to which its activity corresponds and indicate the number according to the annexed table.

b) Offices and organisms of the national and provincial and municipal governments, including the armed forces and the police, as well as legislative, judicial and ordinary administrative dependencies, must be classified within Grouping 910 - Public administration and defense. Entities with activities such as transport, communications, teaching and research, health, production, marketing and finance are excepted, and must be classified in the corresponding grouping.

c) Companies will be classified according to the nature of the main goods they produce (or sell) or the services they provide. In the case of companies that carry out two or more activities not included in the same grouping, the predominant activity must be identified.

11. Report the complete data of the officials designated to act as coordinators before the B.C.R.A. regarding the Permanent External Debt Survey. The entity may designate one or more officials for said function. If more than two are designated, continue in item 13. (observations).

12. Reserved for the B.C.R.A.

13. Report any other data deemed of interest.

14. One or more officials with authorized signatures will sign the submission, indicating the positions they hold.

B.C.R.A. INSTRUCTIONS FOR COMPLETING FORM No. 5010: REGISTRY OF DEBTORS
Annex III to Com. "A" 455

INTERNATIONAL INDUSTRIAL CLASSIFICATION. REPORT OF ALL ECONOMIC ACTIVITIES (ISIC) LIST OF MAJOR DIVISIONS AND GROUPINGS

Grouping Title | Grouping Title

Major division 1. Agriculture, hunting, forestry and fishing 111 Agricultural production 112 Agricultural services 113 Ordinary hunting and trapping and animal repopulation 121 Forestry 122 Logging 130 Fishing

Major division 2. Mining and quarrying
210 Coal mining
220 Production of crude petroleum and natural gas 230 Extraction of metal minerals 290 Extraction of other minerals

Major division 3. Manufacturing industries
311 Manufacture of food products
313 Beverage industries
314 Tobacco industry
321 Manufacture of textiles
322 Manufacture of wearing apparel, except footwear 323 Leather industry and products of leather and substitutes of leather and skins, except footwear and other wearing apparel 324 Manufacture of footwear, except vulcanized or molded rubber or plastic footwear 331 Wood industry and products of wood and cork, except furniture 332 Manufacture of furniture and accessories, except those that are mainly metal 341 Manufacture of paper and paper products 324 Printing, publishing and allied industries 351 Manufacture of industrial chemical substances 352 Manufacture of other chemical products 353 Petroleum refining 354 Manufacture of miscellaneous products derived from petroleum and coal 355 Manufacture of rubber products 356 Manufacture of plastic products, n.e.c. 361 Manufacture of pottery, china and porcelain objects 362 Manufacture of glass and glass products 369 Manufacture of other non-metallic mineral products 371 Basic iron and steel industries 371 Basic non-ferrous metal industries 381 Manufacture of metal products, except machinery and equipment 382 Construction of machinery, except electrical 383 Construction of electrical machinery, apparatus, accessories and supplies 384 Construction of transport material 385 Manufacture of professional and scientific equipment, measuring and control instruments n.e.c., and photographic apparatus and optical instruments 390 Other manufacturing industries

Major division 4. Electricity, gas and water
410 Electricity, gas and steam
420 Waterworks and water supply

Major division 5. Construction
500 Construction

Major division 6. Wholesale and retail trade and restaurants and hotels 610 Wholesale trade 620 Retail trade 631 Restaurants, cafes and other establishments selling food and beverages 632 Hotels, boarding houses, camps and other lodging places

Major division 7. Transport, storage and communications 711 Land transport 712 Water transport 713 Air transport 719 Transport-related services 720 Communications

Major division 8. Financial establishments, insurance, real estate and services provided to companies 810 Financial establishments 820 Insurance 831 Real estate 832 Services provided to companies, except rental and leasing of machinery and equipment 833 Rental and leasing of machinery and equipment

Major division 9. Community, social and personal services 910 Public administration and defense 920 Sanitation and similar services 931 Public education 932 Research and scientific institutes 933 Medical and dental services; other health and veterinary services 934 Social assistance institutes 935 Commercial, professional and labor associations 939 Other social services and annexed community services 941 Motion pictures and other entertainment services 942 Libraries, museums, botanical and zoological gardens and other cultural services, n.e.c. 949 Amusement and recreation services 951 Repair services, n.e.c. 952 Laundries and laundry services; cleaning and dyeing establishments 953 Domestic services 959 Miscellaneous personal services 960 International organizations and other extraterritorial organisms

n.e.c.: Not elsewhere classified

Form 5013 - 2 Design 69/13

Form 5013 - 4 Design 69/13

ANNEX IV
PUBLIC SECTOR
Form 50135 Design 69/13

ANNEX IV

Form 5018 - (II - 84)

B.C.R.A.
Annex V to
Com. "A" 455

Entities that are debtors of the Public Sector must submit one copy of form 5013 and, if necessary, supplementary forms 5013 A and 5013 B, for each of the obligations covered by this rule pending cancellation as of 31.12.83, in accordance with the scope of the definitions included in these instructions.

With respect to commercial debt, one form 5013 must be completed for each documentary credit (letter of credit, collection, etc.). Declarations of commercial obligations may alternatively be made for each shipment.

With respect to financial debt, one form 5013 must be completed for each disbursement, except in cases of multiple disbursements where the loan contract establishes a common interest rate for all disbursements, the same currency and a consolidated payment plan, and there is a single authorized intervening entity. In this case the disbursements must be reported jointly on a single form 5013.

Credit lines that must be reported by financial entities constitute a financial debt with multiple disbursements. Financial entities may submit their declarations by completing a single form 5013 for obligations under a credit line with the same correspondent creditor, the same country of domicile of the creditor, the same currency of payment and the same interest rate (with the exception mentioned in item 45). When these conditions are not met, separate forms must be used.

If the debt falls within the concept "Other Debts" (see item 16), one declaration is completed for each obligation.

Forms 5013 A and 5013 B are intended to supplement the information provided in form 5013 when the space allocated to the payment plan (principal or interest) is insufficient to cover all the installments that must be declared.

These forms (5013 and supplementary) must be completed by machine and submitted in triplicate. The original and the duplicate must be prepared on forms provided by the Central Bank, and a photocopy of the original may be submitted as the triplicate. The three copies must be clearly legible. Erasures or amendments, if any, must be corrected in the space of item 50. The original signature of the authorized official must appear on each form and on the copies. The intervention of the control body, where applicable, must appear on the original and on the duplicate, at a minimum.

All declared amounts must be written without cents. Numeric information must be completed aligned on the right margin of the corresponding boxes without using periods or commas. Dates are indicated with numbers, using two digits for the day, two for the month and two for the last two digits of each year.

(The instructions contained in items 1.a5. and 14. apply to forms 5013 and supplementary forms. The instructions contained in items 6. to 13. and 15. to 35. apply only to form 5013).

1. Reserved for the B.C.R.A.
2. Sequential order number assigned to each debt by the declaring entity starting from 0001.
3. Number the sheets that make up the submission (in the left space) and indicate the total number of sheets that make up the declaration (in the right space). The total number of sheets is given by the sheet corresponding to form 5013 plus the number of forms 5013 A and 5013 B eventually used to report payment plans that exceed the information capacity of form 5013. If the declaration corresponds to a credit line reported by a financial entity and a form 5018 is used to determine the interest rate (item 45), the total number of sheets must include those submitted on the latter form.
4. Report the name of the debtor entity and its jurisdiction, consistent with what is reported in form 5010 "Registry of Debtors".
5. Report the debtor's registration number assigned by the B.C.R.A. through the submission of form 5010 "Registry of Debtors".
6. Declare in full the surname and given names or corporate name of the foreign creditor. If the space is insufficient, continue in item 50. (Observations).
   Debtors for imports financed by the exporter or a foreign financial entity must report the name of the creditor that financed the operation. When the import is financed by a local bank under a foreign credit line, the name of the exporter must be reported in this space, followed by the legend "Credit Line". When a financial entity declares its own debt for use of a credit line with a foreign correspondent bank, the name of the correspondent bank is reported. In the case of a syndicated loan, the name of the foreign bank leading the operation is reported. In accordance with the instructions of item 50. (Observations), the list of banks financing the syndicated loan and their percentage of participation is reported on an additional sheet.
7. Reserved for the B.C.R.A.
8. Report the complete address of the natural person or legal entity indicated in item 6. When an exporter abroad, a foreign bank or any other natural person or legal entity not resident in the country has been declared as creditor in this item, the respective address abroad is reported. When only "Credit Line" has been reported in item 6, the space must be crossed out with a line.

B.C.R.A.
Annex V to
Com. "A" 455

9. Report the country code of the domicile of the natural person or legal entity declared in item 8. In accordance with the corresponding table added as Annex X of this communication. When the creditor is an international organization (e.g. IBRD, IDB, IFC), code "200" is assigned in accordance with the provisions of the respective table of Annex X. When only "Credit Line" has been reported in item 6, "999" is written.

10. Assign a number in accordance with the following table:
    1- International organizations (e.g. IBRD, IDB, IFC).
    2- Government financial institutions of other countries (e.g. EXIMBANK).
    3- Foreign commercial banks.
    4- Syndicated loans.
    5- Holders of securities and bonds issued by the public sector in foreign currency.
    6- Foreign suppliers.
    7- Other foreign private creditors.
    8- Other foreign public creditors.
    9- Foreign credit lines of local banks.
    The number is assigned in accordance with what is declared in item 6. Number 9 is assigned when the legend "Credit Line" or the name of the exporter followed by the legend "Credit Line" has been written.

11. Report whether the obligation had been previously declared to the B.C.R.A. If so, complete item 49. (Replaced forms).

12. Report the name of the local financial entity that intervened in the structuring of the commercial operation being declared or in the foreign exchange negotiation of a loan. In the case of operations financed by a local bank through a foreign credit line, the financial entity reported in this item is also the creditor. It is crossed out with a line in the case where there was no intervention of a local entity or where the declarant is an authorized financial entity.

13. Reserved for the B.C.R.A.

14. Report the currency in which the obligation was contracted and its code in accordance with the corresponding table added as an Annex to this communication.

15. Report the currency in which it was agreed to pay the obligation and its code in accordance with the corresponding table added as Annex X of this communication.

16. Mark with "X" the concept of the obligation, in accordance with the classification indicated. A single concept must be marked.
    "Commercial Debt" must be considered any obligation originating directly in imports even when a local financial entity has intermediated in the operation using a credit line. Likewise, "Commercial Debt" is considered that which responds to a contract by which a debt for imports is renewed, through direct agreement with the suppliers. Current interest due and unpaid as of 31.12.83 or maturing, originating in "Commercial Debt", as long as the obligation to pay the principal subsists, must be reported together with the principal obligation in the part corresponding to interest of the payment plan. The declaration of commercial debts must be made by completing items 17. to 20. inclusive, crossing out with a line the spaces corresponding to items 21. to 35. "Financial Debt (Credit Line)" must be considered the obligations contracted by entities authorized to operate in foreign exchange with their correspondents abroad, in accordance with their own modality (e.g., special accounts, advances, acceptances, "call", etc.). In the case of these obligations, financial entities must complete item 21. crossing out with a line the spaces corresponding to items 17. to 20. and 22. to 35. Financial entities must report the conditions agreed with their foreign creditor and not the conditions governing the applications of those credit lines with their clients. "Financial Debt (Loans and Repo Operations)" must be considered any credit received in foreign currency, whether settled by the declarant in the local foreign exchange market (entered loans) or applied by the declarant for the operations mentioned in items 28. to 33. (non-entered loans). This concept includes debts contracted with local financial entities through the use of their credit lines. Obligations originating in imports that were renewed with exchange insurance must be classified as financial. Loans from international organizations must in all cases be declared as "Financial Debt". Repo operations, including those of financial entities themselves, constitute a particular case of financial debt, even when they have been used to cancel imports. Current interest, due and unpaid as of 31.12.83 or maturing, originating in "Financial Debt" (Credit Lines, Loans and Repo Operations)", as long as the obligation to pay the principal subsists, must be reported together with the principal obligation in the part corresponding to interest of the payment plan. Declarants of this type of obligation must complete items 22. to 33, crossing out with a line each of the spaces corresponding to items 17. to 21., 34. and 35. "Other Debts" must be declared as obligations originating in the deferred payment abroad of services or income, penalty interest and default interest. Current interest owed for commercial or financial obligations is included in this category only in the case where the obligation to pay the principal does not subsist. Freight (when its declaration by the importer is not applicable in accordance with the
    provisions of item 20.), profits and dividends, royalties and in general, all concepts included in the respective table of Annex X, whose payments have been deferred, form part of this group of

B.C.R.A.
INSTRUCTIONS FOR THE COMPLETION OF FORMS No. 5013, 5013 A and 5013 B: SURVEY OF THE DEBT
Annex V to
Com. "A" 455

obligations. In the following space "Specify" the pertinent concept is indicated and the code is assigned in accordance with the table of concepts added as Annex X to this Communication. If the concept "Other Undifferentiated Obligations" of the table of concepts of that Annex is reported, its nature must be explained in accordance with the instructions given in item 50. (Observations). When these obligations are declared, items 34. and 35. must be completed, crossing out with a line the spaces corresponding to items 17. to 33.
17. Report the shipment date in accordance with the corresponding documentation. In the case of a documentary credit with multiple shipments, the date of the first shipment must be mentioned as the shipment date.
18. Mark with "X" the class of instrument used in the import in accordance with the groups indicated. "Drafts" will be reported when this document is used and there is no Letter of Credit or Collection.
19. Mark with "X" according to whether it is an import of current or capital goods. "Capital" goods are considered those included in the list of Annex I of Circular COPEX - 1 (Communication "A" 12 and its update by Communication "A" 60); the remaining goods are considered "current". In the case where the operation comprises goods of both types, the one with the greater participation in the value of the obligation being declared must be reported.
20. Report the breakdown of the original amount of the debt expressed in the currency of origin, without cents, even when the debt is partially cancelled as of 31.12.83. It is emphasized that the original amount of the debt must be understood as only the deferred part of the value of the import. In the case of multiple shipments, which are reported jointly in accordance with the conditions of the documentary credit, the accumulated value of the deferred payment amounts of said shipments must be declared as the original amount of the debt. The concepts "freight", "insurance", etc., must only be reported in the case where they form part of the total amount of the debt originally contracted with the creditor and must be included in "Others". The interest of these obligations must not be reported in this item; for their declaration, the procedure indicated in items 36b. to 42.b. must be followed.
21. Entities authorized to operate in foreign exchange must report globally the destination given to each credit line obtained from their correspondents abroad, using one form 5013 for each credit line. Credit lines in foreign currency under agreement must also be included. In "Financing of exports" (item 21 a.) loans or advances granted to local exporters against future collections for exports are included. In "Financing of exports" (item 21b.) applications to letters of credit or other financing instruments to importers for shipments already made are recorded. In "Financial loans with forward cover" (item 21c.) the amounts of the credit line applied to local loans are indicated, according to whether or not there is forward cover through insurance or through repo operations in favor of local borrowers. In "Other applications" (item 21e.) other destinations not specified above are reported. In "Unapplied amount" (item 21f.) the amount of the credit line not lent to residents in the country is reported. All amounts must be expressed in the currency of origin of the debt with the foreign creditor (item 14.), without cents. The date of granting of the credit line is reported in 21g.
For the purpose of declaring the applications of each credit line, the information from the accounting records of the financial entity may be used.
With respect to credit lines in foreign currency received from abroad by a local financial entity and granted partially or totally to another local financial entity, the following procedure must be followed: the entity that received the line directly from abroad must report the total amount, including the amounts transferred to other financial entities. For the purposes of the breakdown of item 21., it must indicate the applications made by the local financial entity to which the credit line was transferred. For this, the latter entity must provide the former with the information on the applications made. The information on the entity or entities to which the line was transferred and the corresponding amounts must be added in item 50. (Observations) of the declaration of the granting entity. Local financial entities receiving credit lines in foreign currency from other local financial entities must not complete form 5013 for the obligations corresponding to said operations.
22. Report the date on which the first or only disbursement of the current contract was made, whether or not it gave rise to an inflow of foreign currency. In the case where the contract is expired and not renewed, or the terms have been extended, the date of the first or only disbursement of the original contract will be reported.
23. Report the amount of foreign currency negotiated in the foreign exchange market, corresponding to the contract being declared, expressed in the currency of origin of the obligation (item 14.), without cents. This amount is equal to the sum of the amounts negotiated in the foreign exchange market, in the case of loans with multiple disbursements.
24. Report the date on which the foreign currency corresponding to the last or only disbursement was settled in the foreign exchange market.
25. Mark with "X" the class of form used to declare the sale of foreign currency by the debtor corresponding to the last or only disbursement and indicate its letter and number.
26. Report the non-entered amount of the obligation, without cents, which must be equal to the sum of the concepts set out in items 28. to 33.
27. Report the original amount of the loan by adding the concepts "entered" and "non-entered" (items 23. and 26.), regardless of whether at the date of the declaration the obligation was partially cancelled.

B.C.R.A.
Annex V to
Com., "A" 455

28. Report the amount of the loan, without cents, used to cancel, partially or totally, debt for imports.
29. Report the amount of the loan, without cents, used to cancel, partially or totally, other loans.
30. Report the amount of the loan, without cents, for which a contract with the same creditor was renewed.
31. Report the amount of the loan, without cents, that was used to cancel accrued interest for other obligations or for the obligation that was renewed.
32. Report the interest, without cents, discounted for early collection on the loan being declared.
33. Report any other situation not included in items 28. to 32. and specify the corresponding concept.
34. Report the date on which the obligation with abroad was contracted.
35. Report the original amount of the debt, without cents, expressed in the currency of origin (item 14.), regardless of whether at the date of the declaration the obligation was partially cancelled.
    Payment plan of the outstanding debt - PRINCIPAL (The instructions contained in items 36 to 42 are applicable to forms 5013 and 5013 A).
    Installments must be reported in the order of their due date, starting from the first installment pending payment, due or maturing. In the case where an installment is partially covered by one (more than one) forward cover contract, it must be divided as if it were two or more different installments, reporting separately the installment(s) covered by forward cover(s) from the uncovered part. When the due dates (item 37) declared in the payment plan are of an estimated nature, this must be recorded in item 50. (Observations). Amounts owed for default interest, penalty interest and current interest when the principal obligation does not subsist must be included in this section. 36a. Number each line sequentially starting from 001, ordering the installments according to their due date, using supplementary sheets (form 5013 A) in case the number of installments exceeds the space provided for this form. 36b. Report the date from which the obligation is payable. In the case of overdue debt, this date is prior to 31.12.83. In the case of credit lines, authorized entities may report due dates aggregated at the calendar month level. For this purpose, in the first two positions (due day) "00" must be written.

38a. Report the amount, without cents, of each principal installment expressed in the currency of origin.
39a. Report the contract number assigned by the B.C.R.A., in the case of a repo operation or obligation with exchange insurance. In the remaining cases, cross out the space with a line.
40a. Reserved for the B.C.R.A.
41a. The installments effectively cancelled between 31.12.83 and the date of submission of the form to the B.C.R.A. must be reported, including those due and unpaid as of 31.12.83. In the "Class of form" column, the number and letter of the form used for the cancellation (4002 A, 4004 B, 3688 or other) must be reported on the upper line and the number assigned by the intervening authorized institution on the lower line. In the case of cancellation by means of a new loan, the cancellation date must be recorded by indicating in the "Class of Form" column: "New Loan". The payment currency code will be taken from the corresponding table added as Annex X of this Communication and it must coincide with the one reported in item 15. If the currency of origin is not the same as the currency of payment, the type of repo must be reported in item 50. (Observations). The amount must be expressed without cents. The name of the intervening authorized entity must be reported in the last column. 42a. Report the total owed as of 31.12.83 under "Principal" corresponding only to the installments declared on this sheet of form 5013 (or 5013 A). (The instructions for items 42c., 42e. and 42g. are applicable only to form 5013). 42c. Report the general total owed as of 31.12.83 under "Principal" corresponding to all the installments declared on this sheet of form 5013 and on all the sheets of the supplementary forms 5013 A. In the case of "Financial Debt (Credit Line)", this general total must coincide with the sum of items 21 a. to 21f. In the remaining cases, the amount to be reported must be the original amount of the debt (item 20., 27. or 35.) minus the amortizations made up to 31.12.83. 42e. Report the due date of the first amortization installment only if it was cancelled prior to 31.12.83 and, therefore, does not appear in the payment plan (items 36 a. to 42 a.). 42g. Report the sum of 42c. plus 42h. declared in the payment plan of the outstanding debt - INTEREST. Payment plan of the outstanding debt - INTEREST. (The instructions contained in items 36b. to 42b. are applicable to forms 5013 and 5013 B. The instructions on items 42d., 42f. and 42h. are applicable to form 5013).

B.C.R.A.
Annex V to
Com. "A" 455

36b. to 42d. The indications given for items 36a. to 42c. of the "Payment Plan of Outstanding Debt - CAPITAL" apply. In the case of current interest due, when the obligation to pay the principal subsists, the amounts for interest pending payment are reported in 38b. The amounts of interest to mature must be calculated in accordance with the clauses of the contract. If the interest rate is floating and not known at the time of the declaration, the interest amount must be estimated using the rate in force as of 29.12.83. That interest rate, including the agreed spread, must be reported in item 42f.

42h. Report the sum of the installments of interest due and unpaid as of 31.12.83.

(The instructions contained in items 43. to 50. are applicable only to form 5013)

43. Reserved for the B.C.R.A.

44. Mark with "X" in 1 if the payment of interest does not apply. If affirmative, mark with "X" in 2 if the interest is paid in advance or in 3 if it is paid at maturity.

45. Report the class of interest rate that the debtor must pay, the spread, the term and the currency. When the contract provides for changes in the determination of interest, the periods of validity of the different conditions must be reported using one line for each period, indicating its start and end date in column (1). When the conditions remain unchanged throughout the entire term of the contract, the first line must be completed and the remaining lines cancelled. In column (2) the class of rate must be indicated according to the numbering indicated in the same column. In column (3), which is completed only if the rate is "fixed", the annual percentage must be expressed with up to three decimals. If the rate is floating "prime" or "LIBO/Eurodeposit", the agreed spread expressed in annual terms with up to three decimals must be indicated in column (4). If it is a "LIBO/Eurodeposit" rate (floating), the term in days (e.g. 90) and the currency code must also be reported in column (5), in accordance with the corresponding table added as Annex X to this Communication.

In the case of a floating rate other than the above, indicated as "Other" in column (2), the calculation method must be reported in item 50. (Observations).

In the case of lines of credit declared by authorized entities, only the interest rate paid on the debt balances as of 31.12.83 must be reported, completing a single line of the table in item 45. Likewise, when drawdowns corresponding to the same creditor and country and the same currency have different interest rates of the same class, the entities may report in this item the average rate or spread. In this case they must additionally complete form 5018 indicating the basic data with which the average was determined. This form must be added as part of the submission.

46. Mark with "X" in 1 if the contract includes default clauses and in 2 if not. These clauses, if any, will be briefly specified in the following space.

47. Indicate the name and address of the guarantor or surety of the debtor. If it is from the public sector, report the name of the agency or institution and its jurisdiction (e.g., Secretariat of State for Finance; Government of the Province of ...; National Development Bank; Bank of the Province of ...). In "% Guarantee" report the guaranteed or secured percentage, without decimals, of the original debt. The space enabled for "Code" is reserved for the B.C.R.A. If there is any guarantee granted by the declarant to the foreign creditor, report it in item 50 (Observations).

48. Report the name of the entity that granted the creditor guarantees, sureties or export credit insurance (e.g., HERMES, COFACE, EXIMBANK). Indicate the guaranteed or secured percentage, without decimals, of the original debt. When the declarant does not know whether these guarantees or sureties exist, report only "Unknown". The space enabled for "Code" is reserved by the B.C.R.A.

49. Report the declarations that are replaced by this form 5013. In column (1) the date of declaration to the B.C.R.A. must be indicated. In column (2) write 2360, 2361, 2362, 3189 or 3191, as applicable, and report in column (3) the number assigned by the B.C.R.A. If the space enabled is insufficient, report in item 50. (Observations). The replaced forms must be returned to the B.C.R.A.

49a. Mark with "X" whether or not B.C.R.A. authorization is required for the arrangement of the operation. If affirmative, indicate the class and number of the form and the date on which the declared operation was authorized. If there is no authorization, cancel this space with a line.

49b. Indicate whether the existence of the obligation was confirmed by circularization to the creditor. If affirmative, report the date as of which the obligation was confirmed and the confirmed amount, breaking down the debt by principal (due or to mature) and by interest due and unpaid.

50. Report the data that the debtor considers of interest, as well as complete the information for the items for which the space assigned in the form was insufficient. If necessary, report the number of additional sheets added to complete this item. The order of the items for which information is completed must be preserved and identified. Correspondence sheets of the debtor must be used, stating on them that they form part of the main declaration. The supplementary sheets must comply with the signature and certification requirements indicated in items 51. and 53.

(The instructions contained in items 51. and 53. are applicable to forms 5013, 5013 A and 5013 B. Item 52. is only applicable to form 5013).

B.C.R.A.
Annex V to
Com. "A" 455

51. This declaration must be signed by authorized officials of the declaring dependency.

52. The intervening entity must certify whether the operation is charged to its foreign lines of credit. The same entity must also certify the guarantees or sureties it granted and that were reported in this form (item 47.). The following criteria must be applied:

a) Declarations of obligations for imports instrumented through confirmed letters of credit must be certified by marking in this item "charged to line of credit". The same criterion may be followed with respect to unconfirmed letters of credit that directly or indirectly affect the available borrowing capacity with the correspondent. Also certified under this heading will be "fallen" guarantees or sureties that as of 31.12.83 were debited by the correspondents.

Declarations certified as "charged to line of credit" must form part of the obligations for lines of credit that the entities declare globally, except for the lag between the shipment date and the date of recording by the entities.

For guaranteed or secured drafts and letters of credit not certified in accordance with the preceding paragraph, "guarantee or surety granted" must be marked. Said guarantee or surety must also be reported by the declarant in item 47.

Imports with other instrumentation different from those mentioned above, provided they do not entail payment responsibility or guarantee or surety by the intervening banking institution, must not be certified by said institutions.

b) In relation to the information that must be supplied to the Central Bank about the holders of commercial obligations that must present for certification the declaration forms corresponding to 31.12.83, the authorized entities may use the information from their accounting records as of 31.12.83. Based on such data they will determine the obligations of the Public sector, for shipments completed prior to 31.12.83, that are charged to their lines of credit or guaranteed or secured.

To the extent that the recording of commercial operations of later months or any other procedure allows detecting commercial obligations not declared by their public sector clients, with shipment date prior to 31.12.83, the authorized entities must immediately inform the Central Bank of such situations.

c) Local financial entities receiving lines of credit from other local financial entities must certify the submissions of public sector debtors that refer to obligations charged to those lines of credit.

d) In the case that an obligation charged to a line of credit of one entity has been guaranteed or secured by another authorized entity, the certification will be extended by the authorized entity that granted the loan.

e) With respect to loans granted by the entities and partially financed with foreign lines of credit and partially with lendable capacity originating from foreign currency deposits, the certifying entity will write the legend "PARTIAL" followed by the percentage indicating the proportion in which said loan is financed from its lines of credit.

53. In accordance with the provisions of point III of this Communication, the declaration will be intervened by the corresponding control body. A report must be added in form 5016 according to the models included in Annex IX. This intervention and the mentioned report do not apply when the debtor declares debts with local financial entities charged to their lines of credit. In this case, the space will be cancelled with a line.

ANNEX VI
PUBLIC SECTOR
Form 5014 (II - 84) Design 69/14

B.C.R.A.
INSTRUCTIONS FOR THE COMPLETION OF FORM
5014: SURVEY OF EXTERNAL DEBT
AS OF 31.12.83 SUMMARY OF DEBTS
Annex VII to
Com. "A" 455

This form summarizes the debt declarations submitted by the same debtor entity in form 5013. Likewise, the global amounts for other foreign obligations for which individual declaration in form 5013 is not required must be entered in it. A single form 5014 per debtor must be submitted, machine-prepared and in triplicate. The three copies must be clearly legible. The numerical information must be entered aligned on the right margin of the corresponding boxes without using periods or commas.

The original signature of the authorized official must appear on each sheet of the form and on the copies. The intervention of the control body, when applicable, must appear on the original form, at a minimum.

1. Reserved for the B.C.R.A.

2. Report the name of the debtor entity and its jurisdiction, consistent with what was reported in form 5010 "Registry of Debtors".

3. Report the debtor's registration number assigned by the B.C.R.A. through the submission of form 5010 "Registry of debtors".

4. Report the number of forms 5013 that are summarized in this form.

5. Report the sequential foliation of the sheets that make up the submission of this form and the total number of sheets (e.g., if two sheets of form 5014 are submitted, on the first one write Sheet 01 of 02 and on the second one write Sheet 02 of 02).

6. Report the sequential submission number assigned by the declarant in item 2. of form 5013.

7. Report the concept coded in accordance with the instructions of item 16. of form 5013.

8. From the debt pending payment as of 31.12.81, report the name of the currency of origin, the code (item 14. of form 5013) and the amount without cents (item 42g. of form 5013).

9. Reserved for the B.C.R.A.

10. Reserved for the B.C.R.A.

11. Report the amounts for other foreign obligations as of 31.12.83, in US dollars, without cents. Obligations payable in foreign currency that have not been agreed for deferred payment (arrears of cash payments, current account balances in favor of non-residents, etc.) will be included, as well as obligations that have not been declared through form 5013 because the original amount was less than US$ 5,000. For the purpose of converting the amounts to US dollars, the exchange rates arising from the quotations of the Banco de la Nación Argentina as of 29.12.83 will be used. The amounts for obligations due as of 31.12.83 and those for obligations not yet enforceable as of that date must be reported separately.

12. Report the data that the declarant considers of interest. If the space assigned in the form is insufficient. Correspondence sheets of the debtor will be used, stating on them that they form part of the main declaration. The supplementary sheets must comply with the signature requirements indicated in items 13. and 14.

13. This declaration must be signed by an authorized official of the entity.

14. The signature of the control body that has intervened the forms 5013 will be required in the cases established in point III of the communication. When this intervention does not apply, the space will be cancelled with a line.

ANNEX VIII
PUBLIC SECTOR

B.C.R.A.
INSTRUCTIONS FOR THE COMPLETION OF FORM
No. 5016: SURVEY OF EXTERNAL DEBT REPORT
OF THE CONTROL BODY
Annex IX to
Com. "A" 455

The control body of the declaring entity must report on the content of the information provided by the entity, in accordance with the provisions of point III. b) of the Communication, using one form 5016 for each declaring entity.

1. Reserved for the B.C.R.A.

2. Report the name and jurisdiction of the debtor entity consistent with what was reported in form 5010 "Registry of Debtors".

3. Report the debtor registration number assigned by the B.C.R.A. through the submission of form 5010 "Registry of Debtors".

4. Report the complete address of the debtor.

5. Sequentially foliate the sheets that make up the report (in the left space) and the total number of sheets (in the right space).

The text of the report will then be included, following the corresponding model.

A) MODEL OF THE REPORT OF THE AUDITOR OF THE GENERAL SYNDICATE OF PUBLIC ENTERPRISES

I - Identification of the declarations examined

In our capacity as external auditors of (indicate the name of the company), in accordance with the provisions of Law No. 21801, as amended by Law No. 22.639, and for its submission to the authorities of the Central Bank of the Argentine Republic, we have examined:

a) The form(s) 5013 "Survey of external debt as of 31.12.83 - Debt Declaration". Nos. 1/. . . to which this report corresponds.

b) Form 5014 "Summary of debts as of 31.12.83" to which this report corresponds.

II - Scope of the review

Our examination was carried out in accordance with generally accepted auditing standards which included (indicate exception(s) if any):

a) Review of the supporting documentation of the obligations detailed in the forms examined.

b) Verification of the inclusion of the debts in accounting records.

III - Report

In accordance with the examination performed, it is reported that (indicate the name of the company), as of December 31, 1983.

1) Adequately presents the information contained in forms 5013, 5013A and 5013B "Survey of external debt as of 31.12.83 - Debt Declaration" (indicate exceptions if any).

2) Adequately presents as of 31.12.83 the summary of external debts in foreign currency, which is reported in the terms of Communication "A" 455 of the Central Bank of the Argentine Republic of 20.2.84, contained in form 5014.

Place and date

Surname and name of the professional Signature of the Public Accountant for the GENERAL SYNDICATE OF PUBLIC ENTERPRISES Registration Address Telephone

B) MODEL OF REPORT OF THE FISCAL ACCOUNTANT OF THE NATIONAL COURT OF ACCOUNTS

I - Identification of the declarations verified

In my capacity as fiscal accountant before ...... in accordance with the provisions of Law No. 23.354 and for its representation before the authorities of the Central Bank of the Argentine Republic, I have verified:

a) The form(s) 5013 "Survey of external debt as of 31.12.83 - Declaration of Debt", Nos. 1/ß that accompany this report.

b) The form(s) 5014 "Summary of debts as of 31.12.83" that accompany this report.

II - Scope of the review

My verification was carried out in accordance with the standards established in the "General Regulations of Accounts and Procedures of Legal and Accounting Control" - Resolution No. 1658 TCN - which included (indicate exception(s) if any):

a) Review of the supporting documentation of the obligations detailed in the forms verified.

b) Verification of the inclusion of the debts in accounting records.

B.C.R.A.
INSTRUCTIONS FOR THE COMPLETION OF FORM
No. 5016: SURVEY OF EXTERNAL DEBT REPORT
OF THE CONTROL BODY
Annex IX to
Com. "A" 455

III - Report

In accordance with the verification performed, it is reported that (indicate the name of the department), as of December 31, 1983:

1) Adequately presents the information contained in forms 5013, 5013 A and 5013 B "Survey of external debt as of 31.12.83" (indicate exceptions if any).

2) Adequately presents as of 31.12.83 the summary of external debt in foreign currency, which is reported in the terms of Communication "A" 455 of the Central Bank of the Argentine Republic of 20.2.84, contained in form 5014.

Place and date

Surname and name of the Fiscal Accountant of the NATIONAL COURT OF ACCOUNTS Signature of the Fiscal Accountant Address Telephone

C) MODEL OF REPORT OF PUBLIC ACCOUNTANT, FOR PUBLIC BANKS

I - Identification of the declarations examined

In our capacity as auditor of external auditors (indicate name of the bank), at its request and for its submission to the authorities of the Central Bank of the Argentine Republic, we have examined:

a) The form(s) 5013 "Survey of external debt as of 31.12.83 - Debt Declaration", Nos. 1/ßß to which this report corresponds.

b) Form 5014 "Summary of debts as of 31.12.83" to which this report corresponds.

II - Scope of the review

Our examination was carried out in accordance with generally accepted auditing standards and included the review of:

a) The supporting documentation of the obligation(s) contracted, including that from the creditor (detail).

b) The recording of the operation:

i. The inclusion of the debt(s) in initialed books (indicate book(s), initials, folio(s) and date(s) of recording) or other annotations.

ii. The inclusion of the debt(s) in the sworn statements of income tax corresponding to the last balance sheet of year ß and balance sheets attached to it (indicate taxpayer number before the General Directorate of Taxation and date of submission of the sworn statement).

iii. Others (detail).

III - Report

In accordance with the examination performed, we inform that .... (indicate name of the Bank), as of December 31, 1982:

1) Adequately presents the information contained in the form(s) 5013, 5013 A, 5013 B and 5018 "Survey of External Debt as of 31.12.82 - Debt Declaration", and

2) Adequately presents as of 31.12.82 the summary of external debt in foreign currency, whose declaration is made in the terms of Communication "A" 455 of the Central Bank of the Argentine Republic of 20.2.84, contained in form 5014.

Place and date

Surname and name of the Professional
Address Signature of the Public Accountant
Telephone Registration

NOTE: The verification carried out in the accounting books, sworn statements of income tax and documentation emanating from the creditor must be indicated, detailing the elements examined. If some of the indicated aspects cannot be verified, the reason for such circumstance will be indicated. The intervening professional may make the exceptions or supplementary observations deemed pertinent.

Minimum audit procedures for public banks

I - Verification of the validity of the debt for lines of credit

For the purposes of the survey as of 31.12.83, the application of the following procedures is considered acceptable:

1. Selective verification of the supporting documentation for the granting of the line of credit, and the telexes received from foreign correspondents may be accepted for this purpose. Also with selective verification and using the telexes, the guarantees and sureties granted in relation to the lines of credit received may be verified.

B.C.R.A.
INSTRUCTIONS FOR THE COMPLETION OF FORM
No. 5016: SURVEY OF EXTERNAL DEBT REPORT
OF THE CONTROL BODY
Annex IX to
Com. "A" 455

2. Reconciliation of the accounting balances with the account statements sent by the correspondents and confirmation of balances in accordance with the minimum guidelines contained in point II.4 below, also verifying the coincidence of the debt declared with each creditor with the analytical accounting records of the local authorized entity.

3. Verification by selective tests of the recording of the debt in the main accounting.

4. Verification, by sampling, of the adequate completion of form 5013, including the applications made and verifying the forms that are placed in them (2360/2, 3189).

II - Own obligations

With respect to own obligations, excluding lines of credit, the following minimum audit procedures will be applied:

1. Referring to the origin of the debt

Verify the debt information supplied to the Central Bank in forms 5013 and complementary with the external supporting documentation. In particular, it must be verified:

• Documentation of the creditor (loan agreement, invoice and shipping documentation, correspondence, royalty contract, dividend declaration, or other).

• Documentation of the intervening financial entity (settlement of foreign currency originating from financial loans, documentation related to letters of credit or collections for import, or other).

• Documentation submitted to the Central Bank in a timely and proper manner declaring the debt (forms 2360, 2361, 2362, 3189).

2. Referring to guarantees or sureties

• Review the original contracts of the operation being reported and the correspondence exchanged with the creditor.

3. Referring to swap operations or exchange insurance completed

• Review the documentation of the operation that supports the contracting of the exchange insurance or swap operation in accordance with the rules made known by the Central Bank in Circular CAMEX-1 (Communications "A" 31, "A" 54, "A" 61, "A" 75, "A" 76, "A" 129, "A" 130, "A" 136, "A" 137, "A" 163, "A" 327 and "A" 328).

4. Referring to the validity of the debt

a) Circularize in accordance with the following minimum guidelines for each type of debt.

• Financial debts
  Request written confirmation according to the model added in Annex II of Communication "A" 429 for 100% of financial liabilities abroad covered by the survey, including guarantees and warranties or any other type of collateral linked to the transaction, and verify their inclusion in form 5013.
• Commercial debts
  In the event that significant balances are recorded as of 31.12.83, obtain confirmation according to the model added in Annex III of Communication "A" 429.
• Other debts
  Determine the need for circularization based on the materiality of the declared balance. b) Review the balances as of 31.12.83 of the accounts of assets in foreign currency or susceptible to being converted into foreign currency (e.g., holdings of BONEX) in order to verify their physical existence or enforceability and their free availability. This review also covers the assets included in the exchange position, which is declared in form 111.

B.C.R.A. TABLES OF COUNTRIES, CURRENCIES AND CONCEPTS
Annex X
to
Com. "A" 455
COUNTRY CODES
Code Name
065 Afghanistan, Democratic Republic of
052 Albania, People's Socialist Republic of
003 Germany, Federal Republic of
025 Democratic Germany (German Democratic Republic) 100 Upper Volta, Republic of 101 Andorra, Principality of 164 Angola, People's Republic of 035 Arab Syria, Republic 053 Saudi Arabia, Kingdom of 102 Algeria (People's Democratic Republic of Algeria) 080 Argentina (Argentine Republic) 021 Australia, Commonwealth of 013 Austria, Republic of 048 Bahamas, Commonwealth of the 149 Bahrain, State of 165 Bangladesh 150 Barbados 006 Belgium, Kingdom of 113 Benin, People's Republic of 073 Bhutan 089 Burma, Socialist Republic of the Union of 041 Bolivia, Republic of 151 Botswana, Republic of 012 Brazil, Federative Republic of 174 Brunei 045 Bulgaria, People's Republic of 104 Burundi, Republic of 172 Cape Verde, Republic of 106 Cameroon, United Republic of 017 Canada 107 Central African, Republic 054 Colombia, Republic of 184 Comoros 152 Congo, People's Republic of 044 Korea, Republic of 110 Ivory Coast 055 Costa Rica, Republic of 051 Cuba, Republic of 111 Chad, Republic of 014 Czechoslovakia, Socialist Republic of 011 Chile, Republic of 083 China, People's Republic of 112 Cyprus, Republic of

Code Name
015 Denmark, Kingdom of
185 Djibouti, Republic of
163 Dominica
076 Dominican, Republic
047 Ecuador, Republic of
057 Egypt, Arab Republic of
058 El Salvador, Republic of
153 United Arab Emirates
009 Spain
002 United States of America
059 Socialist Ethiopia
186 Fiji
085 Philippines, Republic of
037 Finland
004 France (French Republic)
114 Gabon (Gabonese Republic)
154 Gambia
115 Ghana,
038 Greece (Hellenic Republic)
162 Grenada
061 Guatemala, Republic of
097 Guayana, Cooperative Republic of
092 Guinea Bissau
155 Equatorial Guinea, Republic of
116 Guinea, Republic of
062 Haiti, Republic of
063 Honduras, Republic of
183 Hong Kong
034 Hungary, People's Republic of
020 India, Republic of
090 Indonesia, Republic of
086 Iraq, Republic of
036 Iran, Islamic Republic of
024 Ireland
018 Iceland, Republic of
039 Israel, State of
007 Italy (Italian Republic)
117 Jamaica
019 Japan
118 Jordan, Hashemite Kingdom of
105 Democratic Kampuchea
119 Kenya, Republic of
120 Kuwait, State of
166 Lesotho, Kingdom of
032 Lebanon (Lebanese Republic)
064 Liberia, Republic of
122 Libya (Socialist People's Libyan Arab Jamahiriya) 123 Liechtenstein, Principality of 043 Luxembourg, Grand Duchy of 124 Madagascar, Democratic Republic of 156 Malaysia, Federation of 157 Malawi, Republic of 167 Maldives, Republic of

B.C.R.A. TABLES OF COUNTRIES, CURRENCIES AND CONCEPTS
Annex X
to
Com. "A" 455
Code Name
125 Mali, Republic of
168 Malta, Republic of
171 Malta, Sovereign Military Order of
126 Morocco, Kingdom of
158 Mauritius, Independent State of
127 Mauritania, Islamic Republic of
033 Mexico (United Mexican States)
129 Monaco, Principality of
128 Mongolia, People's Republic of
187 Mozambique, Republic of
177 Nauru
130 Nepal, Kingdom of
067 Nicaragua, Republic of
131 Niger, Republic of
132 Nigeria, Federal Republic of
028 Norway, Kingdom of
175 New Caledonia
022 New Zealand, Commonwealth of
096 New Hebrides
159 Oman, Sultanate of
008 Netherlands, Kingdom of the
042 Pakistan, Islamic Republic of
068 Panama, Republic of
169 Papua, New Guinea
069 Paraguay, Republic of
026 Peru, Republic of
030 Poland, People's Republic of
016 Portugal (Portuguese Republic)
066 Puerto Rico
160 Qatar, State of
001 United Kingdom of Great Britain and Northern Ireland 133 Rwanda (Rwandese Republic) 031 Romania, Socialist Republic of 173 Solomon, Islands 135 San Marino, Most Serene Republic of 178 Santa Lucia, Republic of 078 Holy See 179 Sao Tome and Principe, Democratic Republic of 170 Saint Vincent and the Grenadines 136 Senegal 188 Seychelles 137 Sierra Leone, Republic of 182 Singapore, Republic of

Code Name
094 Somalia, Democratic Republic of
088 Sri-Lanka, Democratic Socialist Republic of 023 South Africa, Republic of 138 Sudan, Democratic Republic of 027 Sweden, Kingdom of 005 Switzerland 199 Suriname, Republic of 180 Swaziland, Kingdom of 056 Taiwan 161 Tanzania, United Republic of 140 Thailand, Kingdom of 141 Togo, Republic of 181 Tonga 142 Trinidad and Tobago 143 Tunisia, Republic of 046 Turkey, Republic of 144 Uganda 040 Union of Soviet Socialist Republics 010 Uruguay, Eastern Republic of 079 Venezuela, Republic of 145 Vietnam, Socialist Republic of 147 Yemen, Arab Republic of 148 Yemen, Democratic and Popular Republic of 029 Yugoslavia, Socialist Federal Republic of 108 Zaire, Republic of 109 Zambia, Republic of 176 Zimbabwe, Republic of 198 Various countries 200 International Organizations CURRENCY CODE Code Denomination 01 Pounds sterling 02 United States dollars 03 German marks 04 French francs 05 Swiss francs 06 Belgian francs 07 Liras 08 Florins 09 Pesetas 10 Uruguayan pesos 11 Chilean pesos 12 Cruzeiros

B.C.R.A. TABLES OF COUNTRIES, CURRENCIES AND CONCEPTS
Annex X
to
Com. "A" 455
Code Denomination
13 Austrian schillings
14 Czech korunas
15 Danish kroner
16 Portuguese escudos
17 Canadian dollars
19 Yen
20 Indian rupees
21 Australian dollars
23 South African rands
24 Irish pounds
26 Peruvian soles
27 Swedish kronor
28 Norwegian kroner
29 Yugoslav dinars
30 Polish zlotys
31 Romanian lei
32 Fine gold grains
33 Mexican pesos
37 Finnish marks
38 Greek drachmas
39 Israeli shekels
41 Bolivian pesos
46 Financial Belgian francs
47 Ecuadorian sucres
53 Saudi riyals
54 Colombian pesos
57 Egyptian pounds
60 Moroccan dirhams
61 Guatemalan quetzales
63 Honduran lempiras
67 Nicaraguan córdobas
68 Panamanian balboas
69 Guaraníes
76 Dominican pesos
79 Bolívares
80 Argentine pesos
98 Special drawing rights
00 Other currencies

CONCEPT CODES
OTHER DEBTS
Code Concepts
51 Import freight
52 Export freight
53 Insurance (premiums, claims, reinsurance and recoveries) 54 Ship and aircraft expenses 56 Leasing of spaces or deposits in ports or airports (includes containers) 57 Royalties 58 Technical assistance 59 Trademarks and patents 60 Copyright 61 Commercial commissions 62 Commissions and bank expenses 63 Commercial advertising 64 Expenses of commercial representations 65 Subscription to newspapers and magazines 66 Rentals (excluding 55 and 56) 67 Salaries and expenses of foreign personnel in the country and of Argentines abroad 68 Services provided in the country 69 Other unspecified real services 70 Dividends 71 Profits 72 Current interest (when the principal obligation no longer exists) 73 Default interest 74 Penalty interest 99 Other obligations without discrimination